Deflation Is

question 37

Multiple Choice

Deflation is:

• A)a fall in overall prices.
• B)the same thing as a devaluation of the Hong Kong dollar.
• C)the same thing as a depreciation of the Hong Kong dollar.
• D)a change in the price structure.

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Definitions:

Cognitive Component

refers to the aspect of attitude that encompasses beliefs and thoughts about the attitude object.

Behavioural Component

Elements of behaviour that include actions and responses to stimuli or situations.

Physiological Component

The aspect of psychological processes and reactions that involves bodily functions and biological factors.

Achievement Motivation

A psychological drive or ambition for success and accomplishment in tasks, influencing one’s persistence, effort, and goal-setting behavior.